Arizona-based specialty pharmacy recognized as the seventh largest privately-held company in the state and the second fastest-growing company
Avella Specialty Pharmacy announced today that it has been selected to receive two separate Arizona Corporate Excellence (ACE) Awards that recognize the company’s continued growth. Avella has now earned the number two spot on the list of fastest growing companies and is the seventh largest privately-held company within a list of the top 50 organizations.
Developed by the Phoenix Business Journal, ACE has recognized excellence in private corporations and within individuals in business for the past 20 years. According to the Business Journal, the goal of this award program is to develop an increasing sense of knowledge-sharing and community among these companies in Arizona. ACE recognition ranges from fastest-growing and largest companies to “CEO of the Year” and other individual honors such as “Innovator of the Year.”
Avella’s ranking as the second fastest-growing company was identified using a proprietary formula including a measurement of revenue growth over the past two years. Companies on the list are assessed by accounting firm CliftonLarsonAllen LLP. Avella received 481.15 out of a perfect score of 500.
“We’re proud to have a seat at the table among many of Arizona’s most established and recognized leaders in business,” said Rebecca M. Shanahan, CEO of Avella Specialty Pharmacy. “At Avella, our growth means much more to us than just corporate success. It has allowed us to dedicate resources to programs and services that make a difference in our community. It helps us reward our employees for their hard work and dedication. And it ensures that we have the ability to touch more lives by putting powerful, often life-saving, therapies in the hands of the people who need them most.”
About Avella Specialty Pharmacy
Headquartered in Phoenix, Arizona, Avella Specialty Pharmacy is a National Accredited Specialty Pharmacy, providing individualized care and support to patients since 1996. Avella's clinical pharmacists and staff members are experts in managing complex disease states and providing compassionate care. The company offers a nationwide distribution service to complement its retail locations. Avella reached 2,605th on Inc. Magazine's 2015 list of the 5,000 fastest-growing private companies in the country. In addition, the Arizona Corporate Excellence Awards has named Avella Specialty Pharmacy as the second fastest-growing private company based in the state. For more information, please visit www.avella.com.